April 13, 2021 Read More →

Navajo Nation finalizes Cameron, Red Mesa leases

Electrek:

The Navajo Nation has finalized leases for the Cameron solar farm and the Red Mesa Tapaha Solar Generation Plant.

The 200 MW Cameron, which is near the east entrance of Grand Canyon National Park, will generate energy for the Salt River Project, one of Arizona’s largest utilities. It will employ around 400 people during construction and create $109 million in revenue over the next three decades.

The 70 MW Red Mesa Tapaha Solar Generation Plant will produce energy for the Utah Associated Municipal Power Systems and create create $7 million in lease payments over its lifetime. It will create around 300 construction jobs.

Clark Williams-Derry, an analyst at the Institute for Energy Economics and Financial Analysis, said:

The worry is that the oil and gas industry is going to take this and say: ‘We don’t really have to clean up our act because if we don’t, we know the federal government is going to step in’. 

[Michelle Lewis]

More: EGEB: The Navajo Nation finalizes leases for two more solar farms

Posted in: IEEFA In the News

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